Property Data OutlookManchester
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Manchester
Key indicators for buyers
The Manchester market is moderately favourable for buyers. Prices are rising at 4.4%, which may favour acting sooner rather than later. Affordability has improved from a peak of 7.2x in 2021 to 6.1x today. Rising rents (£1,345/mo, +2.9%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Manchester costs 6.1x the local median salary — moderate, improving from a peak of 7.2x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Manchester is £1,345, up 2.9% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Manchester price of £253,577 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £1,001 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,001) are £344 less than renting (£1,345). However, buying requires an upfront deposit of £63k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1, BOURNVILLE GROVE M19 3HJ | Terraced | £277,500 | 29 Jan 2026 |
41, WHITELOW ROAD M21 9HG | Semi-detached | £720,000 | 28 Jan 2026 |
114A, REDDISH LANE M18 7JL | Terraced | £157,500 | 26 Jan 2026 |
28, BRIGHTSIDE ROAD M8 5XJ | Semi-detached | £245,000 | 26 Jan 2026 |
88, NORTHCOTE AVENUE, WYTHENSHAWE M22 9AJ | Semi-detached | £180,000 | 26 Jan 2026 |
13, SULLIVAN STREET M12 4WS | Terraced | £175,000 | 26 Jan 2026 |
20, MARLBOROUGH AVENUE M16 0AJ | Terraced |
Explore postcodes in Manchester
21postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.